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Rig Systems Limited

04225894

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MELDON QUARRY TRAINING CENTRE MELDON QUARRY, DEVON, EX20 4LT
Incorporated 31/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
85590
Other education

Officers

Mr Allan Richardson

director · Since 01/05/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Allan Richardson

75–100% shares
75–100% votes

British · United Kingdom · Age 56

Meldon Quarry Training Centre, Meldon Quarry, Devon, EX20 4LT

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

ABSOLUTE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 26/07/2010Registered 03/08/2010

CompanyRankvs 413+ SIC 47640 peers
73

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£193k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£148k

Working capital

Current Assets

£354k

Current Liabilities

£206k

Fixed Assets

£56k

Debtors

£256k

6avg. employees+1

Balance Sheet

Intangible assets£7k
Assets less current liabilities£204k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.72+£20k
20241.60-£8k
20231.69+£6k
20221.65+£858
20211.45+£66k
20201.18+£20k
20191.06

Derived from filed accounts. Not audited figures.